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On the other hand, the slowdown in economic activity has weighed on demand for credit among retail borrowers.

India to grow at 6.4 per cent in Q4 FY17

Moody's noted that sales in realty and auto sectors are gradually recovering after falling sharply following...

2 March 2017 6:18 AM IST

Prime Minister Narendra Modi. (Photo: PTI)

Minister's PM slur triggers uproar in Bihar Assembly

Janata Dal (United) leader and parliamentary affairs minister Shrawan Kumar criticised the BJP for disrupting House...

2 March 2017 2:41 AM IST

Union Finance Minister Arun Jaitley addresses a Post-Budget press conference in New Delhi on Wendnesday. (Photo: PTI)

Q3 GDP data substantially hit by note ban: Jaitley

Jaitley, however, refuted theory that rural sector was drastically affetced due to demonetisation.

1 March 2017 5:14 PM IST

Govt notifies notes ban law, to slap Rs 10,000 fine

Govt notifies notes ban law, to slap Rs 10,000 fine

Specified Bank Notes (Cessation of Liabilities) Act, 2017, was passed by Parliament last month.

1 March 2017 4:47 PM IST

GDP stands for Gross Domestic Product.

GDP data leaves economists scratching their heads

Annual GDP growth for Oct-Dec period came in at 7 per cent, a tad slower than 7.4 per cent in previous quarter.

1 March 2017 2:22 PM IST

A closed branch of SBI as bank employees went on a nationwide strike in Surat. (Photo: PTI)

Bank strike affects deals worth Rs 1 lakh crore

The UFBU is an umbrella body of 9 unions, but two of Bharatiya Mazdoor Sangh affiliates are not part of the stir.

1 March 2017 6:27 AM IST

Manufacturing sector grew by 8.3 per cent in October-December against 6.9 per cent in the previous quarter when there was no note ban.

GDP takes slight demonetisation hit

The Central Statistics Office also retained its growth forecast for 2016-17 at 7.1 per cent.

1 March 2017 2:22 AM IST

Agriculture sector grew by 6 per cent in Q3 against 3.8 per cent in Q2.

Note ban blues see India slash GDP to 7 per cent

Experts projected a short-term dip from demonetisation.

1 March 2017 4:02 AM IST

Agriculture has been the fortifying factor, and it would be prudent if the government continued its support to this sector.

Good news on GDP

It is well known that GDP figures don't give a total picture of the economy, given the high unemployment rate.

1 March 2017 4:47 AM IST

Prime Minister Narendra Modi (Photo: AP)

360 Degree: Liberalisation 2.0?

The big push for investments and jobs will have to come from FDI.

15 Jan 2017 4:19 AM IST

Trinamul Congress MP Derek OBrien (Photo: PTI)

After note ban, Trinamul was the only voice against Modi babu, says...

O'Brien claims that Mamata Banerjee is the only leader to have survived after coming out of the fold of a big party.

15 Jan 2017 4:02 AM IST

CBDT has made available in the Compliance Module on the e-filing portal of the Income Tax Department the information relating to the identified non-filers.

ED trains guns on diamond merchant

The ED had been probing the merchant who has his office at the Bharat Diamond Bourse and runs the business with a...

15 Jan 2017 2:35 AM IST